Our DBinvesting Review Tells You the Truth About This Broker
There are many dangers in trading, but perhaps the biggest ones are brokers like Dbinvesting. What do we mean by that?
If you read our DBinvesting Review, you will see that this broker has a license from a lenient regulator that does not protect you that much. Stick around to learn everything you want to know about Dbinvesting.
Broker name | Reliable Broker Must Have | |
Legal name: | DB Invest Limited | Transparently displayed in the disclaimer or legal documents |
Regulation: | Regulated (Seychelles FSA) | Within your legal jurisdiction – local regulator |
Registered in: | Seychelles | Your country or the country whose license applies in your legal jurisdiction |
Established: | 2018 | The older the domain – the higher the possibility the company is trustworthy |
Website: | dbinvesting.com | Domain should be from local or international zones, no .xyz, etc. |
Financial Authorities Warnings: | N/A | None |
Contacts: | Email: [email protected]
Phone: +442033074420 (UK office) Whatsapp, Telegram, online form, live chat |
Phone, email, social media, web form |
Is withdrawal possible: | Highly unlikely | Yes |
Fees: | Hidden fees | Transparent fees – list of spread and commissions |
If Active on Social Media: | Facebook, Instagram, YouTube, LinkedIn | Often present on social media |
Investor Protection: | No | Compensation fund |
Is Dbinvesting Regulated?
The question on every trader’s mind is whether a broker is regulated and safe. Well, Dbinvesting has a license, but wait a second until we explain.
The broker is based in Seychelles and has an FSA license. However, this regulator’s name is not the one you want to see on your broker’s website. Seychelles might be a fabulous vacation spot, but the FSA is not a good regulator.
It is known for its lenient approach to regulating, and traders are not as protected as they should be. You want a regulator who runs a tight ship, where rules are strict and safety a top priority. That way, your money will be safe, and you can focus all your attention on trading.
Some of those regulators come from Indonesia, Cyprus, Malta, and India, and their license has weight. Since Db investing does not have one of those, we recommend you avoid it.
DBinvesting Profile
The broker found on dbinvesting com really makes an effort to wow you with its offer. Firstly, let’s talk about the trading platform.
MetaTrader 5 has been at the very top of trading software ever since it came out and for a good reason. Beloved by new and experienced traders, MT5 gives them a jam-packed set of tools and features, all wrapped in an easy-to-use interface.
The other platform traders can use is Sirix WebTrader. This software pales in comparison to MT5, which is the preferred option.
The DBinvesting Minimum Deposit is $100, which can be affordable depending on your financial situation. You can open three account types with that minimum deposit, while the two others come with a $10,000 price tag each. There is also a demo account option.
Trading platforms: | MetaTrader 5, Sirix |
Account types: | STP – $100
ECN – $100 PRO – $10,000 Islamic – $100 Islamic+ – $10,000 |
Financial Instruments On Offer: | Forex (USD/EUR, JPY/USD, GBP/EUR, etc.)
Metals (gold, silver, aluminum, etc.) Indices (S&P 500, Nasdaq-100, etc.) Commodities (sugar, cocoa, etc.) Crypto (Bitcoin, Ethereum, USDT, etc.) Stocks (Apple, Facebook, Tesla, etc.) |
Maximum leverage: | 1:1000 |
Minimum Deposit: | $100 |
Commissions/bonuses: | Yes |
Mobile app: | Yes |
Desktop app: | Yes |
Autotrading: | Yes |
Demo account: | Yes |
Education or Extra tools: | Yes |
Is This Broker Safe?
We would have to say no to this question. Dbinvesting’s regulator does not police the forex market as strictly as it should, and other things like leverage are concerning too.
With leverage of 1:1000, Db investing puts traders at serious risk. Top regulatory bodies set a low limit on leverage to protect traders from big losses, and with those standards, this broker’s leverage would not be accepted in regions like Europe or the US.
And while we are on the subject, we also recommend you avoid eFinno and AvaTrade, if you want to keep your money safe.
Trader Reviews – Sharing Experiences
For some, trader reviews are crucial for any broker review, and we are always happy when we can bring them to you. User experiences tell us the whole story of trading with brokers. Yes, you can research and analyze their offer, but a client review shows you specific situations you cannot know if you are not doing business with the broker.
Unfortunately, we could not find many reviews about Dbinvesting. They are verified on TrustPilot, but no one left their rating there, and other review sites are also empty.
The one comment that we managed to catch was a complaint. The person behind the review said: “The website flaunts hundreds of tradable networks and boasts about its excellent MetaTrader4 platform offering. However, it is all a lie… Dbinvesting would be the last place you want to invest your money…”
As you can see, the broker changes available information. At the time of this review, they were offering MetaTrader 4, and now they have MT5. There were also other inconsistencies, but the complaint is too long, and we cannot put all of it in this section, so you can read everything here.
How Does the DBinvesting Platform Reach Clients and Who Are They?
Since there are barely any reviews online, we can only assume who their clients are and how they get into the business with Dbinvesting.
The broker has offices in Cyprus, Nigeria, Seychelles, and Dubai, so we would guess that it mostly targets people in those areas. Db investing also has a strong presence on social media, so it might use those platforms to contact potential clients.
Deposits and Withdrawal Methods
Dbinvesting is very generous with the payment methods it accepts. Those include:
- Debit/Credit cards
- Wire transfers
- Bitcoin
- Binance Pay
- Other online payment channels
The broker mentions zero fees for deposits and withdrawals, but you should not take that at face value. While no deposit fees are a regular occurrence in the industry, no broker will give you your money without taking a small percentage.
Reasons To Avoid This Company
The biggest reason to avoid Dbinvesting is its license, specifically, the regulator issuing it. You would not characterize the FSA as the best authority in the business, and because it does not provide enough safety to traders, we do not recommend it.
Other reasons include its high leverage, which even experienced traders would avoid, and the fact that it constantly changes what information it displays on its websites.
Our Safe Trading Experts’ Opinion of DBinvesting
We reached the end of our DBinvesting Review, and we hope you gained a deeper understanding of what this broker is all about. It is your choice to invest with them, but we certainly do not recommend them.
However, you can contact us today to find out which brokers we value and believe offer a safe space for trading. In our free consultations, we will discuss your trading needs and skills to find you the perfect broker!
FAQ Section
Is DBinvesting Regulated?
Yes, DBinvesting is regulated, but the story is deeper than that. Their regulator is not known for looking out for traders with its lenient rules, so it is best to choose a different broker.
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